NTELIS TRANS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
NTELIS TRANS
Largest movements
- Receivables within one year +€50,198
up €50,198 (+146%), from €34,283 to €84,481
of which Other amounts receivable: +€40,792
- Tangible fixed assets -€8,966
down €8,966 (-26.9%), from €33,350 to €24,384
of which Furniture and vehicles: -€4,999
- Cash +€2,368
up €2,368 (+132%), from €1,799 to €4,167
mainly Net result for the year (+€46,418) and Tax, wage and social debts (+€9,679)
- Profit (loss) carried forward +€46,418
up €46,418 (+52,676%), from €88 to €46,506
- Current portion of long-term debt -€13,708
down €13,708 (-81.6%), from €16,799 to €3,091
- Tax, wage and social debts +€9,679
up €9,679 (+69.8%), from €13,860 to €23,539
of which Taxes: +€7,473
- Trade debts +€4,302
up €4,302 (+25.3%), from €17,022 to €21,324
- Debts after one year -€3,091
down €3,091 (-22.4%), from €13,798 to €10,707
- Gross operating margin +€72,402
up €72,402 (+252%), from €28,692 to €101,094
- Staff costs +€37,476
up €37,476 (+1,232%), from €3,043 to €40,519
- Taxes -€5,892
down €5,892 (-100%), from €5,892 to €0
- Depreciation +€3,293
up €3,293 (+58.1%), from €5,673 to €8,966
- Other operating charges +€1,191
up €1,191 (+25.0%), from €4,763 to €5,954
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €78,567 | €122,167 | +€43,600 | +55.5% |
| Fixed assets | 21/28 | €42,485 | €33,519 | -€8,966 | -21.1% |
| Tangible fixed assets | 22/27 | €33,350 | €24,384 | -€8,966 | -26.9% |
| Furniture and vehicles | 24 | €14,189 | €9,190 | -€4,999 | -35.2% |
| Leasing and similar rights | 25 | €19,161 | €15,194 | -€3,967 | -20.7% |
| Financial fixed assets | 28 | €9,135 | €9,135 | = | 0.0% |
| Current assets | 29/58 | €36,082 | €88,648 | +€52,566 | +146% |
| Amounts receivable within one year | 40/41 | €34,283 | €84,481 | +€50,198 | +146% |
| Trade receivables | 40 | €5,528 | €14,935 | +€9,406 | +170% |
| Other amounts receivable | 41 | €28,754 | €69,546 | +€40,792 | +142% |
| Cash at bank and in hand | 54/58 | €1,799 | €4,167 | +€2,368 | +132% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €78,567 | €122,167 | +€43,600 | +55.5% |
| Equity | 10/15 | €17,088 | €63,506 | +€46,418 | +272% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €7,000 | €7,000 | = | 0.0% |
| Distributable reserves | 133 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88 | €46,506 | +€46,418 | +52,676% |
| Amounts payable | 17/49 | €61,479 | €58,661 | -€2,818 | -4.6% |
| Amounts payable after more than one year | 17 | €13,798 | €10,707 | -€3,091 | -22.4% |
| Financial debts | 170/4 | €13,798 | €10,707 | -€3,091 | -22.4% |
| Amounts payable within one year | 42/48 | €47,681 | €47,954 | +€273 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €16,799 | €3,091 | -€13,708 | -81.6% |
| Trade debts | 44 | €17,022 | €21,324 | +€4,302 | +25.3% |
| Suppliers | 440/4 | €17,022 | €21,324 | +€4,302 | +25.3% |
| Taxes, remuneration and social security | 45 | €13,860 | €23,539 | +€9,679 | +69.8% |
| Taxes | 450/3 | €13,860 | €21,333 | +€7,473 | +53.9% |
| Remuneration and social security | 454/9 | €0 | €2,206 | +€2,206 | |
| Remuneration, social security and pensions | 62 | €3,043 | €40,519 | +€37,476 | +1,232% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,673 | €8,966 | +€3,293 | +58.1% |
| Other operating charges | 640/8 | €4,763 | €5,954 | +€1,191 | +25.0% |
| Non-recurring operating charges | 66A | €2,265 | €0 | -€2,265 | -100% |
| Gross operating margin | 9900 | €28,692 | €101,094 | +€72,402 | +252% |
| Operating profit (loss) | 9901 | €12,949 | €45,654 | +€32,706 | +253% |
| Financial income | 75/76B | €2,265 | €2,671 | +€406 | +17.9% |
| Recurring financial income | 75 | €2,265 | €2,671 | +€406 | +17.9% |
| Financial charges | 65/66B | €1,300 | €1,907 | +€607 | +46.7% |
| Recurring financial charges | 65 | €1,300 | €1,907 | +€607 | +46.7% |
| Profit (loss) for the period before taxes | 9903 | €13,914 | €46,418 | +€32,504 | +234% |
| Income taxes | 67/77 | €5,892 | €0 | -€5,892 | -100% |
| Profit (loss) for the period | 9904 | €8,022 | €46,418 | +€38,396 | +479% |
| Profit (loss) for the period to be appropriated | 9905 | €8,022 | €46,418 | +€38,396 | +479% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.